Submitted by Patrick Bott on April 2, 2008 - 9:59pm.
The only thing missing here is good political rhetoric that obscures the fact that many hard-working Americans are going to lose their jobs if the FFELP program is eliminated. She can't call this "creative destruction" (that term is reserved to free-market turnover and besides, there is no creativity in government takeover)! How about "money changer regime change"? Alas, I think most Americans would be turned off at the mere mention of "regime change" (too many bad memories of Rumsfeld). Maybe, instead of firing FFELP employees outright, we can retrain them to make the widgets that were previously made more efficiently overseas but will now be made again domestically-call this creative protectionism? That's the spirit! A government of men / women and not laws! That's change we can depend on!
Hillary needs a tagline for the elimination of the FFELP
The only thing missing here is good political rhetoric that obscures the fact that many hard-working Americans are going to lose their jobs if the FFELP program is eliminated. She can't call this "creative destruction" (that term is reserved to free-market turnover and besides, there is no creativity in government takeover)! How about "money changer regime change"? Alas, I think most Americans would be turned off at the mere mention of "regime change" (too many bad memories of Rumsfeld). Maybe, instead of firing FFELP employees outright, we can retrain them to make the widgets that were previously made more efficiently overseas but will now be made again domestically-call this creative protectionism? That's the spirit! A government of men / women and not laws! That's change we can depend on!